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Latest Bank of Canada Rate Hike to Be Followed By a Pause at 4.50%

When rate tightening by the Bank of Canada began in March 2022, the benchmark had been languishing at 0.25% for the previous two years since a trio of 50-basis point cuts in March 2020 shortly after the onset of the Covid pandemic. Today’s eighth hike, like that first one, was 25 basis points in size. […]... Read More
Posted: Jan 25 2023, 19:20
Author Name: feedburner
Views: 112585

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